Federico Boffa July 2015 Current address: Piazzetta dell Università 1, 39031, Brunico Email address: fboffa@unibz.it Mobile: +393358218861 Place and date of birth: Sanremo (IM), 13/09/1978 Current Position Associate Professor in Applied Economics, Free University of Bolzano Abilitazione scientifica nazionale for Full Professor in Applied Economics, obtained in December 2013 Main affiliations 2014 - to date: Associate Professor in Applied Economics (SECS-P/06), Free University of Bolzano 2008-2014: Associate Professor in Applied Economics (SECS-P/06), University of Macerata 2005-2008: Assistant Professor in Economics (SECS-P/01), Free University of Bolzano Other Affiliations 2011 to date: Member, IEB (Institut d Economia de Barcelona), Universitat de Barcelona 2014 to date: Member, IRCRES-CNR (Research Institute on Sustainable Economic Growth Consiglio Nazionale delle Ricerche), Torino 2011: Visiting Scholar, CREI, Barcelona 2011: Visiting Scholar, IEB (Institut d Economia de Barcelona), Universitat de Barcelona 2010: Visiting Scholar, TILEC (Tilburg Law and Economics Center), Tilburg University 2008-09: Visiting scholar, American Institute for Economic Research (AIER), Great Barrington, Massachusetts (2 visits) 2008 2014: Associate Member of CERIS-CNR (Institute for Research on Industry and Development Consiglio Nazionale delle Ricerche), Torino 2008-2010: Associate Member of CRELE (Center for Research in Law and Economics), Free University of Bolzano 2005: Visiting Professor, University of Auckland, New Zealand (July and August) Education June 2006: Ph. D. in Economics, Department of Economics, Northwestern University, Evanston, Illinois. Supervisor: John Panzar. Dissertation Committee: Ronald Braeutigam, James 1
July 2002: July 2001: Dana, Andrew Sweeting. Title of Dissertation: Essays on Optimal Capacity and Optimal Regulation of Interconnection Infrastructures Ph.D. funded through the scholarship Donato Menichella awarded by the Bank of Italy, and the scholarship awarded by the Mario Gasbarri Foundation for studies abroad. Master of Arts in Economics, Department of Economics Northwestern University, Evanston, Illinois. B.A. in Economics, Università di Torino, 110/110 magna cum laude. Supervisor: prof.ssa Elsa Fornero. Awarded the Optime prize for the best undergraduate student awarded by the Unione Industriale (Entrepreneurs Association) in Torino Teaching Post-graduate (after laurea and laurea specialistica ) and special courses 2012: Graduate Course: Regulation of Energy Markets, IUSS (Istituto Universitario di Studi Superiori), Pavia in English 2011: Master Management and Regulation of Renewable Energies, LUISS University, Rome in Italian 2009: Graduate Summer Course: The Economics of Public Utilities, Free University of Bolzano in English Undergraduate (during laurea and laurea specialistica ) At the University of Macerata (in Italian) 2015: Contract Theory, Master Program in Public Administration 2009-13: Advanced Economics, Master Program in Public Administration (5 academic years) 2009-13: Applied Economics, Bachelor program in Law (4 years) 2008-13: Introductory Economics Bachelor program in Law (5 academic years) At the Free University of Bolzano (in part in English, in part in Italian) 2015: Economics of Innovation 2011-14: Business Economics, School of Economics and Management Bruneck (4 academic years) 2014: Destination Development - Bruneck 2007-08: Tourism Policy, School of Economics and Management Bruneck (2 academic years) 2007-08: Macroeconomics II, School of Economics and Management Bolzano 2007-08: Economic Principles, School of Education, Faculty of Education, Brixen 2006-08: Economics B, School of Economics and Management Bolzano (2 academic years) 2006-07: Tourism Economics, School of Economics and Management Bruneck 2005-08: Economics B, School of Economics and Management Bruneck (2 academic years) At LUISS University, Rome (in English) 2
2013: Industrial Organization and Competition Department of Economics and Finance, Degree Course in Economics and Business At the University of Cordoba, Argentina (in Italian) 2007: Managerial Economics, Bi-national Italo-Argentinian degree. Professional Activities Referee for Journal of the European Economic Association, Journal of Industrial Economics, International Journal of Industrial Organization, Journal of Environmental Economics and Management, Journal of Development Economics, Energy Economics, The Energy Journal, Energy Policy, Managerial and Decision Sciences, Research in Economics, Economia dei Servizi, L Industria, Economia e Politica Industriale, Journal of Hospitality, Marketing and Management, International Journal of Entrepreneurship and Innovation Management, Advances in Economics and Business, Economics and Policy of Energy and the Environment, International Journal of the Economics of Business, Energy Strategy Reviews, Sustainability. Member of the Editorial Board of Review of Economics and Institutions (July 2012 to date) Member of the Editorial Board of L Industria (March 2011 to date) Member of the Editoral Board of Energia (2007 to date) Member of the Advisory Board (Collegio Docenti) of the Ph.D. Program in Management and Economics of institutional and organizational outliers, Free University of Bolzano, (2014 to date) Member of the Advisory Board (Collegio Docenti) of the Ph.D. Program in Production and Development Economics, Università di Varese (2010-2014) External Member of the Ph.D. Final Examination Committee, University of Trento (2013-2014) Member of the organizing committee of the yearly workshop of L Industria, Università Politecnica delle Marche and ISTAO, Ancona, September 2014 Co-organizer of the conference for the opening of the Academic Year in the Degree Course in Science of the Legal Services (2009) Co-organizer of the series of seminars in Economics, Free University of Bolzano, academic year 2007/2008 Organizer of the Conference: Electricity Import, Free University of Bolzano (2006) Local organizer of the Summer School: Game Theory and its Applications, Free University of Bolzano (2005) Research Output Journal Publications (International) Political Centralization and Government Accountability, forthcoming Quarterly Journal of Economics, with Amedeo Piolatto and Giacomo Ponzetto Strategic Investment in Merchant Transmission: the Impact of Capacity Utilization Rules, forthcoming Energy Policy, with Viswanath Pingali and Francesca Sala Increasing Market Interconnection: an Analysis of the Italian Electricity Spot Market, 2010, The International Journal of Industrial Organization, vol. 28, n.3, pp. 203-334, with Viswanath Pingali and Davide Vannoni 3
The Impact of Search Cost Reduction on Seasonality, 2012, Annals of Tourism Research, vol. 39, n.2, pp. 1176 1198, with Marianna Succurro Bottleneck Co-ownership as a Regulatory Alternative, 2012, The Journal of Regulatory Economics, vol. 41, n.2, pp. 201 215, with John Panzar An Anti-Competitive Effect of Eliminating Transport Barriers in Network Markets, 2009, The Review of Industrial Organization, vol. 34, n.2, pp. 115-133, with Carlo Scarpa. Entry and Collusion after Market Opening, 2012, Theoretical Economic Letters, vol. 2, n. 3, pp. 316-322, 2012, with Davide Vannoni Fragmented Ownership and Second Homes in Tourism Resorts, 2010, Anatolia: an International Journal of Hospitality and Tourism Research, vol. 21, n.2, pp. 351 362, with J. G. Brida Internet and Seasonality: a Theoretical and Empirical Analysis on Vertically Differentiated Accommodation Structures, 2013, Tourism Economics, vol. 19, n.4, pp. 779-799, with Marianna Succurro New Forms of Government Interventions in the Era of Global Imbalances, 2011, European Review of Industrial Economics and Policy, vol. 2, n. 1 Editor of Journal Special Issues (in English) - Editor (joint with Alessandro Sapio), and author of the Introduction, of the Special Issue on Energy Policy: The Regional Integration of Energy Markets, expected for Summer 2015 (in Italian) - Editor (joint with Marco Cucculelli), and author of the Introduction, of the Special Section on L Industria : Filiere Internazionali, Entrata in Nuovi Mercati e Governance dell Impresa [Global Value Chains, Penetration in New Markets and Firms Governance], 2015. Edited Books Italian version of the textbook Microeconomics by Douglas Bernheim and Michael Whinston, Mc Graw- Hill Italia, Milan, 2008, edited joint with Davide Vannoni and Giovanni Zanetti (in Italian) Evoluzione e discontinuità nel sistema finanziario internazionale [Evolution and Discontinuity in the International Financial System], Mc Graw Hill, 2010, edited joint with Giorgio Galeazzi (in Italian) Riforme elettriche fra efficienza ed equità [Electricity Reforms between Efficiency and Fairness], Il Mulino, 2015, edited joint with Alberto Clò and Stefano Clò Journal Publications (Italian) Regolazione del monopolio mediante vincoli alla struttura proprietaria [Monopoly Regulation trough Ownership Structure], Energia, vol. 25, n. 4, pp. 58-67, 2004 Un anno di: Economia e Politica industriale [An Year of: Economia e Politica Industriale]: 2006, L industria, vol. 28, n. 4, pp. 779-782, 2007 La sicurezza dell offerta nei mercati liberalizzati: una chimera? [Security of Supply in the Liberalized Electricity Markets: a chimera?], Energia, vol. 28, n. 3, pp. 28-36, 2007 La regolazione della trasmissione elettrica: norme attuali e prospettive di evoluzione del disegno di mercato [The Regulation of Electricity Trasmission: Current Rules and Future Prospects of Market Design], Economia dei Servizi, vol. 2, n. 2, pp. 47-84, 2007 Una via per tornare allo sviluppo: rendersi indispensabili nella rete [A Path to Development: becoming Essential in the International Production Chain], L industria, vol. 28, special issue, pp. 29-63, 2007, with Piercarlo Frigero and Giovanni Zanetti 4
Un anno di: Economia e Politica industriale [An Year of: Economia e Politica Industriale]: 2008, L industria, vol. 30, n. 4, pp. 749-752 Recenti tendenze nei flussi di investimento estero delle economie emergenti. Sovereign Wealth Funds, imprese globali ed effetti per i Paesi sviluppati [The new Global Investors: the Role of Emerging Economies. The Case of China], Economia Marche, n. 2, 2008, with Giorgio Galeazzi and Francesca Spigarelli Relazioni verticali e organizzazione d impresa: nuove tematiche sul fronte dell oligopolio [Vertical Relations and Firms Organization: new issues on the Oligopoly Front], Economia Internazionale, vol. 61, nn. 2-3, pp. 613-633, 2008, with Giovanni Zanetti Aste al ribasso? Effetti attesi del (possibile) passaggio all asta pay-as bid [Rebate Auctions? Expected Effects of the (Potential) Transition Towards the Pay-as-bid System in the Italian Electricity Spot Market], Energia, vol. 30, n. 3, pp. 64-73, 2009 Nuovi scenari di intervento pubblico nell epoca degli squilibri globali [New Scenarios of Government Intervention in the Era of Global Imbalances], 2010, L Industria, vol. 31, n. 1, pp. 35-63, with Giovanni Zanetti Book Chapters (in English) Network Regulation through Ownership Structure: An Application to the Electric Power Industry", The Economics of Infrastructure Provisioning: The (Changing) Role of the State (edited by A. Picot), MIT Press, forthcoming, with Lynne Kiesling (in Italian) Interconnessione e integrazione dei mercati energetici europei [Interconnection and Integration of the European Electricity Markets], pp. 107-129 in A. Clò, S. Clò, and F. Boffa (editors): Riforme elettriche tra efficienza ed equità [Electricity reforms between efficiency and fairness], Il Mulino, Bologna, 2015, with Diego Piacentino and Clara Poletti (in English) The Impact of Corruption and Accountability on Refuse Collection Costs in N. Thi Bich Loan, D. Pavelkova, L. Trautmann (editors) Proceedings to the 1 st International Conference on Finance and Economics 2014, Tomas Bata University, Zlin, Czech Republic (in Italian) Considerazioni conclusive [Conclusions], pp. 329-342 in G. Zanetti (editor): Evoluzione della grande impresa e catene globali del valore [Evolution of the Big Business and Global Value Chains], Fondazione Ansaldo Editore, Genova, 2014, with Giovanni Zanetti (in Italian) I modelli di specializzazione produttiva e la loro evoluzione nel mondo globalizzato [Productive Specialization Models and their Evolution in the Globalized World], pp. 51-100 in G. Zanetti (editor): Evoluzione della grande impresa e catene globali del valore [Evolution of the Big Business and Global Value Chains], Fondazione Ansaldo Editore, Genova, 2014, with Stefano Bolatto and Claudio Fassio (in Italian) Competitività dei sistemi produttivi e riforma della governance economica europea [Competitiveness of the European manufacturing and reform of the European Economic Governance], pp. 187-205 in M.E. Bartoloni, A. Caligiuri, B. Ubertazzi (editor) L Unione Europea e la riforma del governo economico della zona Euro [The European Union and the Reform of the European Union Governance], Editoriale Scientifica, Napoli, 2013, with Giovanni Zanetti (in Italian) Strumenti economici nel diritto ambientale europeo [Economic Tools in the European Environmental Law ], pp. 69-87 in G. Di Cosimo (editor) L'Italia inadempiente. La difficile attuazione del diritto europeo in materia ambientale [The Difficult Implementation of the European Law in the Environmental Sector ], CEDAM, Padova, 2012, with Stefano Clò (in English) Road Pricing and City Tolls, in IEB s World Report on Fiscal Federalism, Institut d Economia de Barcelona, Barcelona, 2011, with Amedeo Piolatto 5
(in Italian) I nuovi Paesi investitori sul mercato finanziario internazionale: i fondi sovrani di investimento [New Investing Countries on the International Financial Markets: the Sovereign Wealth Funds], pp. 103-122 in F. Boffa and G. Galeazzi (editors), Evoluzione e discontinuità nel sistema finanziario internazionale [Evolution and discontinuity in the International Financial System], Mc Graw Hill Italia, Milano, 2010 (in Italian) Specializzazione produttiva e crescita: un analisi mediante indicatori [Specialization and Growth: an Indicator-based Analysis], pp. 1739-1758 in G. Airoldi, G. Brunetti, G. Corbetta, G. Invernizzi (editors) Scritti in onore di Vittorio Coda [Essays in Honor of Vittorio Coda], EGEA, Milano, 2009, with Stefano Bolatto and Giovanni Zanetti (in Italian) Il sistema delle imprese [The Entrepreneurial System], in R. Gallo and F. Silva (editors) Conditions to Grow, pp. 3-57 in R. Gallo and F. Silva (editors), Il Sole 24 Ore, Milano, 2006, with Laura Rondi, Davide Vannoni and Giovanni Zanetti Other Publications (selected) Pay-as-Bid Auctions, Agi Energia Website, February 2009 The Electricity Transmission Network and the Efficiency of the Electricity Market, Agi Energia Website, June 2008 Six entries in Encyclopedia of World Trade since 1450, edited by John J. McCusker, Macmillan Electricity is more expensive in the South, Il Sole 24 Ore, July 28, 2004, with Pia Saraceno Working papers and work in progress Corruption, Accountability and Efficiency: an Application to Municipal Solid Waste Services, with Graziano Abrate, Fabrizio Erbetta and Davide Vannoni (submitted) Impact of Emission Permits on Electricity Generation, with Jakub Kastl Collusion in Two-Sided Markets, with Lapo Filistrucchi and Francisco Santos-Arteaga Allocating Network Capacity Presentations held Conferences (alphabetical order) AISRE (Italian Association of Regional Science), 2012 ASSET (Association for Southern European Economic Theorists), 2010 DIME (University Parthenope), 2010 EARIE (European Association for Research in Industrial Economics), 2006, 2009, 2012, 2013 Economics and Management of Public Utilities, Bocconi University and University of Novara, 2010 EPI (Industrial Economics and Policy), 2012 ERSA (European Regional Science Association), 2013 GRASS (Gruppo di Ricerca per l Analisi delle Scelte Sociali), Collegio Carlo Alberto, 2014 IAERE (Italian Association for Research on Environmental Resources Economics), 2013 International Association of Tourism Economics (IATE), 2007 IIOC (International Industrial Organization Conference), 2006, 2011, 2014 MACCI (Mannheim Centre for Competition and Innovation) Annual Conference, 2015 NERI (Network of the Italian Economists of Regulation), 2011, 2013, 2014 SIDE (Italian Association of Law and Economics), 2007, 2008, 2009 and 2010 SIE (Italian Economic Association), 2009, 2010, 2011, 2012, 2014 6
SIEPI (Italian Industrial Economics and Policy Society), 2004, 2009 (as discussant), 2014 SIET (Italian Association of Transport Economics), 2012, 2013 World Conference for Graduate Research in Tourism, Hospitality and Leisure, 2008 Symposia and Workshops National Bureau of Economic Research (NBER) Summer Institute, Cambridge, 2014, 2015 CRESSE (Competition and Regulation European Summer School and Conference), 2015 (Rethymno) Industrial Organization: Theory, Empirics and Experiments, 2011 (Otranto), 2014 (Alberobello) EIEF, IGIER, Università di Bologna Workshop in Industrial Organization (at Bocconi University), 2013, 2014 Consumer Behavior in Tourism Symposium, Free University of Bolzano, 2012, 2013 Fifth Workshop on Fiscal Federalism: The political economy of decentralization (at the University of Barcelona), 2013 CESifo conference: The Economics of Infrastructure Provisioning: the (Changing) Role of the State (at San Servolo, Venice), 2013 16 th Centre for Competition and Regulatory Policy Workshop, City University (at the University of Milan Bicocca), 2013 Energy Policy in Italy, European University Institute, Fiesole, 2009 Bad Public Goods, Law School and Searle Foundation (at Northwestern University), 2009 Seminars Collegio Carlo Alberto (2015) University of Florence (2015) University of Barcelona (2015) LUISS University (2014) Collegio Carlo Alberto (2014) Einaudi Institute of Economics and Finance (2013) University of Naples Parthenope (2012) University Milan Bicocca (2012) University of Firenze (2011) Polytechnic of Milan (2011) Universitat de Barcelona (2011) Tilburg University (2007 and 2010) IEFE- Bocconi University (2010) University of Alicante (2008 and 2009) Catholic University - Milan (2008) University of Cordoba (2007) Northwestern University (2003 and 2006) Bocconi University (2005) University of Auckland (2005) Australian National University (2005) ICES (Interdisciplinary Center for Economic Science) - George Mason University (2005) Acore University of Toulouse (2005) CSEF University of Salerno (2004) Invited Speeches (selection) Bolzano, Inaugural Lecture: Renewable Energy Sources and New Challenges for the Energy Markets, 2015. Macerata, discussant at the event for the launch of the book (edited by Lorenza Violini and Giorgio Vittadini): La sfida del cambiamento [The Challenge of Change], 2013. 7
Macerata, discussant at the event for the launch of the book by Paolo Nanni: Ragionare tra mercanti. Linguaggio e concezioni nelle relazioni di Francesco di Marco Datini [Reasoning among Merchants: Language and Conceptions in Francesco di Mario Datini s Relationships], 2012 Jesi, yearly opening ceremony of the Department of Legal and Economic Studies, comment on R. Adam s speech: The New European Treaty and the Fiscal Compact, 2012 Jesi, discussant at the event for the presentation of the volume, by the Bank of Italy, Le infrastrutture in Italia: dotazione, programmazione, realizzazione [Infrastructures in Italy: endowment, planning, realization], 2011 Jesi, yearly opening ceremony of the Department of Legal and Economic Studies, comment on G. Segre s speech: The Soft Revolution of the Italian Banking System: the Role of Bank Foundations, 2011 Macerata, discussant at the event for the launch of the book (edited by Gabriella Berloffa, Giuseppe Folloni and Ilaria Schnyder von Wartensee): Alla radice dello sviluppo: l importanza del fattore umano [At the Roots of Development: the Importance of the Human Factor], 2010 Jesi, yearly opening ceremony of the Department of Legal and Economic Studies, comment on M. Onado s paper: The International Financial Crisis and the Italian Banking System, 2008 Jesi, opening ceremony of the Academic Year for the Degree Course in Science of the Legal Services, speech on The Emerging Countries and the International Financial System, 2008 Projects with external funding, expert consultant and policy reports 2014 to date: Research Director (Principal Investigator). Research Project: Institutional Quality and the Political Economy of Reforms, funded by the Free University of Bolzano 2012-14: Research director. Research project: Global Supply Chains and Evolution of Large Firms, funded by Fondazione Ansaldo 2014: Cooperation with ENERGAS to draft the cost to benefit analysis for the expansion programs of the natural gas network in various municipalities (including Rome, Livorno, Belluno) according to the new AEEG (Electricity and Gas Authority) guidelines 2011: Researcher. Research Project: Analysis of the European Emission Permits System, cofunded by the Ministry of Economics and Finance, Enel, and CEIS, Tor Vergata. 2010: Researcher. Report: The Electricity Market ten years after the Bersani Decree, IEFE (Bocconi University), Milano. 2008-10: Researcher. SENT (Network of European Studies) project, co-funded by the European Union Working Group 10. Report in progress 2005-07: Researcher. CTTRCE (Centro Tecnico Regionale di Ricerca per il Consumo Europeo), Final Report Consumer Protection in Retail Energy Markets. 2005-09: Researcher. Reports: Designs of optimal interconnection capacity allocation mechanisms in electricity markets (2006) and Effects of market opening on collusion, under endogenous entry (2008), funded by HERMES (Higher Education and Research on Mobility Regulation and the Economics of Local Services) 2005: Cooperation with the Province of Torino, Politica industriale per la Provincia di Torino [Industrial Policy for the Province of Torino]. Report (joint with D. Vannoni and G. Zanetti): La struttura produttiva della provincia di Torino e un disegno di possibile politica industriale [The Economic Structure of the Province and some Ideas for a new Industrial Policy] 2005: AES (Azienda Energia e Servizi), Torino. 8
2004-05: Researcher. Report: The economic benefits of the investment in Electrical Transmission Capacity: a Projection at 2008, joint with Edoardo Settimio, in Incentives to Invest in Additional Transmission Capacity: Goals, Policies and Tools, edited by Iefe (Bocconi University), and Ref (Ricerche per l Economia e per la Finanza), Milano 2004-06: Researcher. Project Productive System and Industrial Policy, funded by IPI (Institute for Industrial Promotion Ministry for Economic Development), Roma. Book chapter: The industrial system, joint with Laura Rondi, Davide Vannoni and Giovanni Zanetti 9